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As of close of business last night, Foot Locker Inc’s stock clocked out at $27.33, down -3.60% from its previous closing price of $28.35. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 3.5 million shares were traded. FL stock price reached its highest trading level at $28.259 during the session, while it also had its lowest trading level at $26.82.
Ratios:
To gain a deeper understanding of FL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.83.
On August 29, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $27 to $30.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 27 ’24 when Vesa Equity Investment S.a r.l sold 337,778 shares for $32.99 per share. The transaction valued at 11,144,208 led to the insider holds 10,055,814 shares of the business.
Vesa Equity Investment S.a r.l sold 539,180 shares of FL for $17,912,368 on Aug 26 ’24. The 10% Owner now owns 10,393,592 shares after completing the transaction at $33.22 per share. On Aug 23 ’24, another insider, Vesa Equity Investment S.a r.l, who serves as the 10% Owner of the company, sold 213,520 shares for $32.93 each. As a result, the insider received 7,032,089 and left with 10,932,772 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FL now has a Market Capitalization of 2592302592 and an Enterprise Value of 5220303360. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 0.64 whereas that against EBITDA is 15.044.
Stock Price History:
Over the past 52 weeks, FL has reached a high of $35.60, while it has fallen to a 52-week low of $16.68. The 50-Day Moving Average of the stock is -3.85%, while the 200-Day Moving Average is calculated to be 1.21%.
Shares Statistics:
It appears that FL traded 2.98M shares on average per day over the past three months and 3459730 shares per day over the past ten days. A total of 94.22M shares are outstanding, with a floating share count of 83.71M. Insiders hold about 11.75% of the company’s shares, while institutions hold 86.69% stake in the company. Shares short for FL as of 1724976000 were 9715809 with a Short Ratio of 3.26, compared to 1722384000 on 11110090. Therefore, it implies a Short% of Shares Outstanding of 9715809 and a Short% of Float of 17.34.
Dividends & Splits
With its trailing 12-month dividend rate of 0.4, FL has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.014109347The stock’s 5-year Average Dividend Yield is 3.91.
